Antel to invest USD147m to achieve nationwide FTTH coverage

2 Aug 2021

Uruguayan state-owned operator Antel plans to invest a total of USD147 million in the development of its fibre-optic network during 2022, La Diaria cites the company’s president Gabriel Gurmendez as saying. The firm is aiming to replace all copper connections with fibre infrastructure by 2023 and next year will focus investment on covering areas with less than 500 inhabitants in order to reach 99% of the population. Gurmendez also added that Antel has ‘an allocation for the cost of the 5G spectrum’ which is set to be auctioned off in the near future. Indeed, in a separate development, Minister of Industry, Energy and Mining Omar Paganini has revealed that the country could seek to auction spectrum in the 3.5GHz band for 5G services by early next year.

Uruguay, Antel, Ministry of Industry, Energy and Mining